SSN 0.00% 1.5¢ samson oil & gas limited

TB and SSN needs to provide the market with more info on how...

  1. 98 Posts.
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    TB and SSN needs to provide the market with more info on how they will deliver further opex admin cost reductions during these tough times

    Forget the fact drill costs are coming down - "no sh#t sherlock" mgmt don't need to get out of their armchairs to deliver that - the market is doing it for them

    As a shareholder I would like to hear more on how this company with big debt and not the greatest oil production forecasts is reducing opex costs to the bare minimum to ensure it is viable when / if the price of oil recovers

    The charts in the preso with decent declines in oil production are not that compelling  -  time for the company to tell us that "you ain't seen nothing yet" in regards to effectively reducing opex costs in these hard times
    Last edited by MMMJ: 22/02/15
 
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Currently unlisted public company.

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